Define Productive Efficiency.Does Productive Efficiency Imply Allocative Efficiency? Explain

question 228

Essay

Define productive efficiency.Does productive efficiency imply allocative efficiency? Explain.

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Definitions:

Informal Deviance

Behaviors that violate informal social norms or expectations, which are not codified into law.

Legal Code

A coherent set of laws that are systematically arranged, usually by the government or other regulatory authority.

Differential Association Theory

Theory that interprets deviance as behavior one learns through interaction with others.

Culturally Transmitted

The process by which knowledge, beliefs, values, and behaviors are passed from one generation to the next within a society.